According to NYDaily News, 5Pointz building owner Jerry Wolkoff is looking into possibly converting the famed location into high-rise residential rental towers. Wolkoff’s plan involves revitalizing the whole block and will require a zoning change. It is unclear what role graffiti will play in the new plans if any.
Read the full story: Development redesign may nix famed 5Pointz graffiti hub in Long Island City
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